More brokers charging fees

Published on

Three out of five mortgage intermediaries have already started charging their clients fees for sourcing mortgages, claims RBS Intermediary Partners. Research conducted at it’s recent Forum event in Sunderland found that of the 183 brokers who responded, 44% said that they had been charging fees for more than a year and a further 16% said that they had started charging a fee in the last 12 months. “The fact that so many delegates have already started charging fees or are in the process of seriously considering it shows that intermediaries have clearly recognised the need to change their operating business models and look to diversify

Latest POLL

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Spring surge in property listings creates market opportunities

The average asking price for newly listed properties has risen by 1.1% (+£3,876) this...

Secure Trust Bank Commercial Finance appoints senior portfolio director

Secure Trust Bank Commercial Finance (STB CF) has announced the appointment of Carl Pykett...

Inflation expectations rise slightly as BoE releases latest survey

Public expectations for inflation and interest rates have edged higher, according to the Bank...

£1 billion lost annually as 50,000 London social homes used fraudulently

A shocking new report reveals that around 50,000 social housing properties in London are...

Other news

Spring surge in property listings creates market opportunities

The average asking price for newly listed properties has risen by 1.1% (+£3,876) this...

Secure Trust Bank Commercial Finance appoints senior portfolio director

Secure Trust Bank Commercial Finance (STB CF) has announced the appointment of Carl Pykett...

Inflation expectations rise slightly as BoE releases latest survey

Public expectations for inflation and interest rates have edged higher, according to the Bank...